4 Bedroom Townhouse for sale at Nirvana Park Sukhumvit 77

(1 Review)
Prawet, Prawet,Bangkok
Unit ID: U155781
5% Rental Yield
Tenant-Occupied until Oct 31, 2025
4 Bedrooms
3 Bathrooms
185 SqM Indoor Area
2 Storeys
Dec 2014 Completed

About This Townhouse

This property is a 185 SqM townhouse with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Dec 2014. You can buy this townhouse for a base price of ฿5,500,000 (฿29,730/SqM) and it is also available for long term rentals starting from ฿23,500 per month.

Features

Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Mar 27, 2023
Updated 1 month ago
Property Type Townhouse
Storeys 2
Location Prawet, Bangkok
Bedrooms 4
Nearest Landmark Ban Thap Chang ARL -1.7 Km
Indoor Area 185 SqM
Price per SqM ฿29,730
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 144 SqM
Pets Not Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Dec 2014)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park View, Garden View, Blocked View
Unit Type N/A
Parking Spots 5
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U155781

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,500/mo
Rent
฿23,500/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
20
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Construction: Completed (Dec 2014)
Units: 136
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 1.7 Km
Location: Prawet, Bangkok
Nirvana Park Sukhumvit 77 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Nirvana Park Sukhumvit 77

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Nirvana Park Sukhumvit 77 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee for properties at Nirvana Park Sukhumvit 77 is a fixed amount of ฿1,500. This amount has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Nirvana Park Sukhumvit 77 and it is 1.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Nirvana Park Sukhumvit 77 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Townhome with a shady atmosphere
Payuth U., Thailand, 5 years ago
I like the design of this place. Inside the house, there are 3 bedrooms, allocating the spaces very well. The general atmosphere is shady and quiet. The common area has a swimming pool, a clubhouse, etc. Most importantly, the project is located not far from Ban Thap Chang MRT and Suvarnabhumi Airport. It allows me to travel within Bangkok or other provinces easily. There are markets and department stores nearby where you can buy many delicious foods. I enjoy going to the Suvarnabhumi Market because there are so many different kinds of foods to choose from.
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nirvana Park Sukhumvit 77

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